News Snapshot:
Agricultural Bank of China Limited (OTCMKTS:ACGBY) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 22,100 shares, a growth of 123.2% from the October 31st total of 9,900 shares. Based on an average daily trading volume, of 55,300 shares, the days-to-cover ratio is presently 0.4 days. Separately, The Goldman Sachs Group cut Agricultural Bank of China from a “buy” rating to a “sell” rating in a research note on Wednesday, August 4th.
